LM_HG200 Des Moines, Iowa Mon, Apr 08, 2019 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, April 5, 2019 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 7,548 6,794 13,566 Other Market Formula (Futures/Options) 75,320 84,429 40,022 Swine or Pork Market Formula 152,653 171,698 186,144 Other Purchase Arrangement 114,994 95,085 126,534 Negotiated Formula 1,454 1,272 2,009 Packer Sold (all purchase types) 18,949 17,412 18,032 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 5,476 73,892 148,615 108,792 700 337,475 Base Price 75.81 79.17 76.70 76.96 * 77.15 Packer Sold Head Count 18,772 Base Price 79.61 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,586 Compared to Prior Day's closing weighted average (LM_HG200), 0.70 lower Compared to the prior day, on a plant by plant basis, weighted average base prices were 0.35 lower to 1.11 higher, the market trend is unchanged to 1.00 higher. Slow market activity with light demand. Base Price Rng $67.00 - $78.50, Wtd Avg $75.78, 5 Day Rolling Avg $75.65 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 700 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 8,286 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS based on both Fat and Muscle Measurements for a 200 lb Carcass Basis LOIN AREA/DEPTH (INCHES) BF 4.0/ 1.4 5.0/ 1.7 6.0/ 2.0 7.0/ 2.3 8.0/ 2.7 0.4 70.00 80.44 71.50 82.02 72.50 83.61 73.50 85.19 74.00 87.30 0.5 67.00 80.44 70.00 82.02 72.50 83.61 73.00 85.19 74.00 87.30 0.6 67.00 78.94 70.00 80.52 71.50 82.10 72.50 83.68 73.50 85.79 0.7 67.00 77.43 67.00 79.01 70.00 80.59 72.50 82.17 73.00 84.28 0.8 66.00 75.92 67.00 77.50 70.00 79.09 71.50 80.67 73.00 82.78 0.9 66.00 74.50 67.00 76.00 67.00 77.58 70.00 79.16 72.50 81.27 1.0 64.00 73.00 66.00 74.50 67.00 76.07 70.00 77.65 71.50 79.76 1.1 63.00 71.03 66.00 73.00 67.00 75.00 67.00 76.00 71.50 78.50 1.2 63.00 70.00 64.00 71.00 66.00 74.50 67.00 75.50 70.00 77.00 1.4 58.98 66.50 60.56 70.00 62.14 71.00 63.72 74.50 65.83 75.50 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.53 175# -4.00 1.00 205# -6.03 3.00 155# -30.00 0.00 185# -1.00 2.00 215# -6.03 3.00 165# -15.00 0.00 195# -1.51 3.00 225# -6.03 2.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 203.50 lb carcass, 0.66 inch back-fat, 7.11 square inch loin/2.37 inch loin depth, FFLI: 52.78% Price Range $72.50 - $82.17 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 161,853 Base Price Range $69.64 - $82.46, Weighted Average $76.96 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,511 Compared to Prior Day's closing weighted average (LM_HG200), 2.29 higher Price Rng $55.00 - $61.25, Wtd Avg $59.59, 5 Day Rolling Avg $57.95 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 746 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 2,257 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Arkansas 98 Canada 592 Georgia 320 Iowa 156,839 Illinois 17,031 Indiana 23,021 Kansas 5,347 Kentucky 995 Michigan 7,429 Minnesota 76,447 Missouri 3,585 Mississippi 266 Montana 215 North Carolina 12,103 North Dakota 180 Nebraska 28,858 Ohio 16,537 Oklahoma 3,643 Pennsylvania 3,575 South Dakota 12,684 Tennessee 388 Wisconsin 765 -------------------------------------------------------------------------------- *Price not reported due to confidentiality, for more information visit: www.ams.usda.gov/sites/default/files/media/ConfidentialityGuidelines.pdf *Base Price is the price from which no discounts are subtracted and no premiums are added. ** Futures/Options Source: USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA 515-284-4460 email: desm.lpgmn@ams.usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/market-news/livestock-poultry-grain 0800C .